I'm looking to put a condo up for sale that I've been renting out the past few years. I'm finally not underwater on it, so I'd just like to move it at this point before Bernie Sanders destroys the housing market again. Anybody have someone they can recommend in the western suburbs? The last guy I used was a schmuck, so I'm looking to go a new direction.

PM me if you don't want to share names on the thread.

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

Not the same Schmuck I worked with, but still

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List it on Chicago Tribune for a couple hundred and it goes on the MLS and you save thousands from not needing a listing agent.

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Looks like I need a realtor now as well.

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Great advice

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

I wanna create a "Jim Schmuck" mult now.

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We all have urges

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

Use a newspaper, something even more antiquated than a realtor.

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Some of them are unhealthy.

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They don't even put it in print, its listed online and on the MLS Which is all you want\need.

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I could list it on Zillow or Trulia for free if I wanted to go that route. Why would I pay Tribune a couple hundred to do this?

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Tribune will forward all the info to zillow, trulia and dozens of others, Along with the MLS listing. Agents hate those sites, they send the bare minimum to them.. If you want to throw away 2% to someone in a dying industry to list something..go ahead..but its not necessary.

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Great advice, 312. Some people just won't accept a good suggestion.

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A good realtor is easily worth 2%.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

The next time I sell a property, I will not be hiring a realtor.

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2% Realtor fees? Is that accurate?

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@audioidkid

Based on my past experience, it's minimum 5%, which is split with the other realtor if the buyer uses one. Bigfan probably knows.

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Look at this captain of industry here...

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2-3% to your realtor. 2-3% to the other realtor which cannot be avoided. It depends mostly on the state.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

No, but I'm honestly telling you, when we sold our last house, it was on the market for three days and an offer was made, and we had to pay 5% to the realtors. I would start out trying to list it myself and MAYBE hire a realtor if you had no luck.

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Yeah, but I'm lazy. I'd rather just have someone do all the work, give me a call when an offer comes in, and tell him yes, no, or give him a counter-offer, and be done with it.

It's not an expensive property, so laying out a couple percent is not going to hurt.

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Look at this captain of industry here...

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Rick Hahn is the best GM in baseball.

Exactly!


Usually 2% sometimes 2.5% to listing agent and 2% to cooperative commission for buyers agent... Give it 60 days on your own n see if you get a contract, if you don't..then pull the listing for a few days n relist with an agent.. But that 4-5% is a lot of money you don't need to shell out.

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You would have saved 2.5% in that case but you'd still have to be putting in some decent work to do it.

Our realtor easily put in 30+ hours of work in selling our place. It was well worth it.

Also, if your house is on the market for three days, you probably offered it for too low.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

and thus you will not be getting many showings, full price or many buyers.

I am VERy aware many realtors are not great to deal with. A large % are Realtors as a part time job and you need to fit your deals in between their hair being done, nails, massage , etc...and the women are even worse!

The point being is that having an intermediary who has done this many times working with you is well worth the 5% you will pay at closing.

Just listing something as an FSBO in the Chicago market reduces your exposure over 50%.

Of course it can be done, but also then realize you are going to do some work. Like "ALL" the showings. Even the complete waste of time ones. You will need to provide disclosures....huh? I assume you all have those on file. Which title company are you using to hold the earnest money?

By no means am I saying you cant sell your own property, but be prepared to do some work.

If your property is special and has something that is a marketing edge, then by all means, take the time, but once again, you will be doing work.

let me provide an example.

https://www.youtube.com/watch?v=DUF_fuXUkOs

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

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I don't remember if it was three exactly, but it was a week or two. We had it priced to sell because we didn't want to have to sit on it.

My thoughts aren't a shot at the realtors themselves... they only get a portion of the roughly 2.5% they have to charge. A lot of it goes to listing fees, their agency, taxes, etc... but it's a lot of money. Depending on the price of the house, I'm gonna give it a whirl myself in the future (when I'm selling).

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